global payments inc (GLO) Details

Global Payments Inc. provides electronic payments transaction processing services for consumers, merchants, independent sales organizations (ISOs), financial institutions, government agencies, and multi-national corporations in the United States, Canada, the United Kingdom, Spain, the Asia-Pacific, the Czech Republic, and the Russian Federation. It serves as a processing intermediary between the merchant, the credit and debit networks, and the financial institutions that issue cards to facilitate electronic payment transactions. The company offers credit and debit card transaction processing services for various international card brands, including American Express, China UnionPay, Discover, JCB, MasterCard, and Visa, as well as for certain domestic debit networks, such as Interac in Canada. Its services include terminal sales and deployment, front-end authorization processing, settlement and funding processing, customer support and help-desk functions, chargeback resolution, industry compliance, PCI security, consolidated billing and statements, and online reporting. The company also offers VIP LightSpeed proprietary software and VIP Preferred Advantage product to the gaming industry that provide the tools necessary to establish revolving check cashing limits for a casino's customers. It markets its products and services through a dedicated direct sales force and an internal telesales group, as well as through ISOs, retail outlets, trade associations, alliance bank relationships, and financial institutions. Global Payments Inc. was founded in 1967 and is headquartered in Atlanta, Georgia.

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